Indian banks, regulators, and investors weren’t worried when crises began exploding in US and European banks earlier this year. This resilience has been a long time coming.
Scrapping the latest version of the Consumer Expenditure Survey, or denial on China dependence reveal the govt's signs of immaturity that are hard to ignore.
Even if credit expansion to corporates begins today, it’s too late for there to be any real impact in terms of new investments and job creation before May 2024.
Food delivery and e-commerce are two sectors where the government has created an indirect mechanism to stop the duopoly system, without clipping the wings of the giants.
BJP’s pro-business, pro-economic reform image is now being dented, even though this regime is better positioned to make positive change than most before it.
Investing in more capital than in employing labour can work in most countries. But India can't blindly emulate developed economies and reduce the amount of labour employed.
India has cheap labour while conventionally R&D-intensive countries have cheaper capital. The whole debate on R&D needs to be recast to fit the realities here.
India has done great in regulation because it took time to think things through. The US banking crisis should encourage Modi govt to avoid rush jobs like demonetisation.
Several terror attack cases have been concluded by following the methods Maharashtra ATS used in the 7/11 case. It’s surprising that the high court didn’t find them worthy of legal scrutiny.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
COMMENTS